(RTTNews) - nVent Electric plc (NVT) has entered into a definitive agreement to acquire the parent of Trachte, LLC for a purchase price of $695 million. Trachte is a manufacturer of custom-engineered ...

LONDON - nVent Electric plc (NYSE:NVT), a global provider of electrical connection and protection solutions, has announced the definitive acquisition of Trachte, LLC's parent company for $695 million.

nVent Electric plc, a provider of electrical connection and protection solutions, has entered into a definitive agreement to acquire the parent of Trachte, LLC for a purchase price of $695 million, ...

The transaction is expected to close in the third quarter of 2024 Foley & Lardner LLP is providing legal counsel to nVent in connection with the transaction Based in New York, Palladium invests in the ...

nVent plans to spend $695 million to acquire the parent of Wisconsin-based manufacturer Trachte. First announced late last week, the transaction is expected to close in the third quarter of 2024.

Strengthens nVent’s position with the electrification of everything in high-growth verticals, including power utilities, data centers and renewables Presents a new platform to provide broader ...

NVent Electric has struck a deal to buy Trachte, a maker of custom-engineered control building solutions designed to protect infrastructure assets, from private-equity firm Palladium Equity Partners ...

nVent acquires Trachte for $695 million LONDON - nVent Electric plc (NYSE: NYSE: NVT), a global provider of electrical connection and protection solutions, announced the completion of its acquisition ...